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54,381 companies created at the end of July 2022

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

By sector, trade monopolizes 36.28% of total business creations during the first seven months of the current year, followed by building and public works (BTP) and real estate activities (18%), services miscellaneous (17.47%), transport (9.03%), industries (6.89%), hotels and restaurants (6.4%), the information and communication technologies sector ( 2.59%), agriculture and fishing (2.23%) and financial activities (1.11%), indicates the OMPIC dashboard.

The regional distribution shows the Casablanca-Settat region at the top with 15,435 companies, ahead of Tangier-Tétouan-Al Hoceima (7,556), Rabat-Salé-Kénitra (7,323), Marrakech-Safi (5,346), Fès- Meknes (4,297), Souss-Massa (3,583), Oriental (3,051), Laâyoune-Sakia El Hamra (2,512), Béni Mellal-Khénifra (1,924), Drâa-Tafilalet (1,480), Dakhla-Oued Eddahab (1,269) and Guelmim-Oued Noun (605).

These companies are divided between legal persons with 38,004 units and natural persons (16,377), specifies the same source.

Regarding the legal form, 62.7% of the companies created are limited liability companies with a single partner (SARLAU), 37% limited liability companies (SARL) and 0.2% public limited companies (SA).

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Economy

NBI growth of 8.2% in the first half

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief
This Thursday, September 15, CIH Bank unveiled its results for the first half of 2022. It shows an increase in Net Banking Income (NBI) of 8.2%, from 1,500 million dirhams in the first half of 2021 to 1,624 million dirhams for the same period in 2022. According to the bank’s management, this result is explained by the increase in the net interest margin of 10% under the effect of the growth in commercial activity.

At the end of June, net income group share amounted to 299 million dirhams, once morest 264.6 million dirhams over the same period a year earlier. While the consolidated result amounts to 320.3 million dirhams, an increase of 16.1% compared to the first half of 2021. The net profit amounts to 300.5 million dirhams at the end of June 2022 once morest 267 .7 million dirhams in the same period in 2021.

Customer deposits increased by 3.6% from December 2021 to June 2022, rising from 63 billion dirhams to 65.2 billion dirhams. For outstanding loans, the increase is 9% compared to last December, since they went from 74.4 billion dirhams in December 2021 to 81.1 billion dirhams in June 2022. amount to 65 billion dirhams, while SOFAC and UMNIA BANK contribute respectively up to 10.7 billion dirhams and 5.4 billion dirhams.

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world

Morocco elected to the Executive Committee of the Community of Democracies

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

This election consecrates the Kingdom’s democratic choices and its constant and irreversible commitment to the promotion and protection of freedoms, the strengthening of democratic institutions and the expansion of political participation, in line with its active and responsible role. and its substantial and multifaceted contributions to the work of the Community of Democracies, in a constructive and cooperative spirit, since its accession in 2006, underlines the press release.

It constitutes a testimony of the entirety of the 27 member countries of the Board of Directors of the Community of Democracies of the proactive commitment of the Kingdom, under the Leadership of His Majesty the King, may God assist him, in favor of the strengthening of democracy, notes the same source, adding that this commitment is reflected, at the national level, in a process of bold and innovative reforms and initiatives aimed at consolidating democracy and modernizing society in accordance with universal values equality, pluralism and moderation.

Thus, the Kingdom of Morocco, following having been a member of the Board of Directors, will now sit on the Executive Committee of the Community of Democracies alongside Canada, Poland, the Republic of Korea, Romania and the United States. , says the ministry.

Morocco, one of the oldest members of the Community of Democracies, and the only country in the MENA region to be part of the community, will remain committed to promoting democracy and actively supporting adherence to common democratic values, human rights and the rule of law, as set out in the Warsaw Declaration, the statement concludes.

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Economy

Installation of the first green hydrogen production system in Benguerir

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

It is an electrolyser with a capacity of 20 kilowatts (kW) coupled to photovoltaic (PV) solar panels and which will be tested under variable load of renewable electricity, indicates the press release, specifying that the project “Power- to-X µPilot” is incubated at the heart of the Benguerir Green Energy Park in collaboration with the Mohammed VI Polytechnic University (UM6P). This project will be equipped in its next phases with additional technological bricks, from the value chain of the green hydrogen sector and its applications, commonly called the “Power-To-X” sector, according to IRESEN.

“We are mainly interested in the production of green ammonia, green methanol, green fuels, but also aspects such as sustainable mobility and the storage of renewable electricity, using hydrogen and fuel cells. added the same source.

“In addition to being a research and innovation tool, this Micro-Pilot will play a key role in the training and skills development of IRESEN and UM6P staff and their partners in the hydrogen in Morocco”, namely the members of the “National Hydrogen Commission” and the “Green H2 Morocco” Cluster, underlines the press release.

Thus, students, young and experienced researchers, technicians, engineers and executives from the public and private sector will benefit from training programs adapted to their needs and to the technical and technological challenges faced by their respective structures, within the framework of the deployment of “Power-To-X” projects in Morocco.

This role might also be carried out at the level of the Middle East-Africa region (MEA), by offering this training platform to partner countries, like the program of the “Middle East & Africa Clean Tech Academy” (MEA-CTA ), recently organized by IRESEN, the Green Tech Institute of UM6P, in partnership with the Commissariat for Atomic Energy and Alternative Energies (CEAtech), the Oman Hydrogen Center (OHC), the Regional Center for Renewable Energy and Energy Efficiency (RCREEE) and the Arab Fertilizer Association (AFA).

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